From: Ellen K. 

$1000 a year?  You gotta be kidding.  For 2005 the employee share of SS
on the $90K maximum salary is $5530.  It would only be $1000 if you only made $16275.

On Tue, 21 Dec 2004 21:12:52 -0500, "Steve Ewing"
 wrote in message
:

>On Wed, 15 Dec 2004 21:58:22 -0500, Mark  wrote:
>
>> ...finally have an opportunity to have a decent
>> retirement program outside the reach of the congress that will actually
>> (even if they buy only bonds, not stocks) give them a decent return and a
>> decent amount of money in retirement.
>
>That's odd; I thought I was able to invest *outside* of SS: in fact, I
>just enrolled in my company's 401(K) plan (been there a year now); and at
>one point in my past I had an IRA.  I've even heard rumors of people that
>buy their own CDs and dabble in the stock and bond markets all by
>themselves.
>
>What's wrong with using the current program as a rock-bottom security
>guarantee, and getting some sort of tax-deferred/exempt plan on the side?
>I mean, $1000 a year isn't a whole hell of a lot to invest.

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